MAKSPay Fintech Solutions: Promoting Financial Inclusion

Shiva Prasad Palancha the founder & CEO Of MAKSPay Fintech Solutions Private Limited shared his company’s journey with The Global Hues   MAKSPay is a Financial Technology Service Provider (TSP) Platform to Banks, NBFCs, and MFIs. Their services include digital sourcing, onboarding, authentication, credit underwriting, disbursement, monitoring, and collections. “We envisage ourselves as a preferred […]

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NBFC financial pyramid

Tightening the Screws | A Multilayer model to safeguard financial solidity |

By Shivanand Pandit Non-Banking Financial Corporations (NBFCs) due to their magnitude, intricacy, and interconnectedness are revolving systemically important over the years. NBFCs are the greatest net debtors of funds from the financial system and procured more than fifty percent of their funding from scheduled commercial banks. As a result, considering the topical strain in the […]

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impact of covid19 on banking sector

Crumbling banking sector: Impact of Covid-19

The banking sector is crumbling due to instability and high volatility created by Covid-19 in global capital markets. As the world is combating the virus, the economy is going to hit harder downwards in the coming months leaving an adverse effect on the banking systems. After what happened in late 2007 and 2008 citizens are […]

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